MICHAEL NEMUNAITIS

*** ******** ***** *****

W etumpka, AL 36093

334-***-****

acfl76@r.postjobfree.com

EXECUTIVE SUMMARY

Experienced financial leader proven in accounting disciplines, strategic planning, o rganizational and operational

optimization, process change, system implementations, along with 360 relationship -building.

EDUCATION

University of Miami - MBA, Business Management Miami, FL 1993

University of Texas, Arlington - BBA, Accounting Arlington, TX 1984

EXPERIENCE

Innovative Graphic Solutions – Print industry supplier Montgomery, AL

Controller 2010 - Current

» W orking to position company for regional expansion and to increase market value. Establishing new core

product lines through strategic relationships. Developing and driving new company vision.

» Implementing financial and operational systems and processes to serve as the foundation for future growth.

Streamlining the business and scaling operations. Establishing meaningful key performance indicators.

» Developing disciplined work practices so employees embrace empowerment along with responsibility and

accountability. Instilling a culture of disciplined work flow and thought process to be more effective in job tasks

and significantly reduce errors.

» Experiencing significant cost savings from new and streamlined processes, a disciplined workforce, and

improved inventory controls.

Hallelujah Acres – Health products and education company Shelby, NC

CFO 2007 - 2009

» W orked closely with CEO to establish vision and tactical plans. Assembled new management team to

implement strategic initiatives. Integrated annual budget with operational plan to establish a strategic basis for

capital and departmental spending.

» Directed Accounting, Human Resources, IT, Procurement, and Distribution. Significantly stream -lined

departmental operations by implementing numerous process changes and controls resulting in improved

efficiency, greater accountability, and considerable ongoing cost savings of over 5% of revenue.

» Reorganized company structure to place greater focus on the customer, increase performance of critical

functions, and optimize growth potential by transforming it into a Marketing-driven business.

» Successfully installed an integrated business software system which led to greater operational efficiencies

and comprehensive reporting capabilities, while scaling for major growth. Drove effective issue resolution

process across departments utilizing root cause analysis.

» Initiated retail and warehouse cycle count programs which yielded early indications of inventory issues and

eliminated the need for periodic full inventory counts.

MedGroup Pharmacy – Mail order & online pharmacy Austin, TX

CFO / Managing Partner – Finance, Customer Call Center, Operations 2005 - 2007

» Successfully launched internet-based business. Researched, developed, and implemented online pharmacy

concept, business plan, financial and operational processes, customer support model, investment payback

program, along with near and long-term growth strategies. Developed Customer Call Center processes

including phone scripts, online chat scripts, and email replies to enable personnel to handle virtually any

customer inquiry or complaint in a standardized manner.

» Significantly lowered operating costs by reducing customer acquisition costs, developing order verification

system, retooling logistics contracts, and renegotiating merchant agreements.

» Assisted with ongoing website changes and periodic revisions while m anaging personnel, processes, and

systems for Accounting, Customer Call Center, and Shipping.

ATMI – W orldwide semiconductor materials manufacturer Austin, TX

Controller 2003 - 2005

» Managed all financial aspects of U.S.-based liquid materials manufacturing operations, including general

ledger and cost system activities. Advised worldwide operations regarding management of product costs,

inventory accuracy and controls, logistics costs, operating costs, and make/buy strategies.

» Reduced logistics costs over 30% from previous year by p artnering with Supply Chain Logistics to revamp

entire logistics operating plan. Warehousing was consolidated and contracts renegotiated, shifted to low cost

alternative shipping methods, and virtually eliminated expedite fees.

» Drove company’s first product pruning effort. Generated accurate gross margins and product comparability

by establishing new product costing protocols and overhauling product cost structures.

» Resolved major inventory issues by establishing effective controls, redefining product categories, establishing

standard physical warehouse locations, adding system status locations, and retooling the cycle count process.

DELL – W orldwide computer manufacturer Austin, TX

Process Controls Manager - U.S. Server Manufacturing Operations 2002 - 2003

Cost Accounting Manager - U.S. Manufacturing Operations 2000 - 2002

Finance Manager III - Worldwide Manufacturing Operations 1998 - 2000

» W orked directly with Manufacturing, Engineering, Logistics, and IT to drive a multitude of process and control

improvements for Server/Workstation Operations including same-factory capacity expansion, global capacity

management, and inventory turns multiplier. Ensured each project met Dell payback thresholds and was

completed on time and within budget.

» Developed and implemented a comprehensive factory floor self-assessment program with resolution tracking

establishing Manufacturing ownership and management visibility of current issues for all Austin Manufacturing.

» Drove forecast process of daily/weekly product costs, quarterly standard costs, and analysis of associated

variances for Austin Manufacturing. Led multi-functional team in implementation of new cost system.

» Improved quality and on-time performance of Cost Accounting by initiating program of internal metrics leading

to corrective actions, improved processes, and enhanced customer satisfaction.

» Managed financial operations and project development for Worldwide Business Ops driving business

decisions across the entire global value chain. Achieved substantial cost savings, advanced worldwide

consistency of financial policies and reporting practices, and implemented best regional practices by leading

worldwide benchmarking initiative.

ABB – Transnational high-tech manufacturer and services provider Coral Springs, FL

Site Financial Manager 1995 - 1998

Asset and Cash Manager 1994 - 1995

Business Unit Financial Manager 1993 - 1994

Senior Financial Analyst 1990 - 1993

Financial Analyst 1989 - 1990

» Responsible for financial reporting and analysis, month-end process, inventory management and control,

product and service costing, financial planning and budgeting, internal controls, inventory and financial systems

implementations, project management, annual physical inventories, asset control management, policy making,

and process re-engineering. Supported internal and external customers including management, auditors,

corporate finance, and regulatory entities.

» Performed integral role in decentralizing organization into multiple divisions, business units, and profit centers

to promote greater operational flexibility and entrepreneurship. Implemented new manufacturing and financial

systems to effectively manage the reorganization.

» Received ABB Excellence in Service Award for leading a team to value engineer a product family resulting in

significant annual product cost savings. Team award received for development and implementation of manual,

card-based Kanban inventory system and the associated ongoing cost savings.

Wang Laboratories – Manufacturer of PC workstations and telephone switches Dallas, TX

Senior Cost Analyst 1987 - 1989

» Major responsibilities included product cost analysis, cost accounting, inventory audit and control, variance

analysis, job costing, inventory process and shrinkage audits, cost improvement identification and

implementation, and ECN cost impact minimization.

» Formulated and implemented comprehensive job cost system that provided accurate inventory re lief and

measured discrete variances between order configuration and the actual job shipped.

» Created cost control system for new-product development that allowed Marketing, Engineering, and

Manufacturing to coordinate and achieve the targeted product costs.

Paccar/Peterbilt – Heavy duty truck manufacturer Denton, TX

Cost Accountant 1986 - 1987

» Responsible for standard product cost maintenance, make/buy decisions, and direct labor analysis and

control. Worked with Engineering on process and product cost improvements. Conducted internal audits to

identify areas of inventory shrinkage and improve accounting processes and controls.

» Conducted a research study of company purchasing habits and recommended changes to the JIT inventory

process resulting in significant annual savings.

» Led bill of material audit program that greatly increased accuracy of product cost s and inventory valuation, in

addition to improving manufacturing efficiency.

Richard A. Swanberg & Associates, CPA Fort Worth, TX

Senior Staff Accountant 1985 - 1986

Staff Accountant 1983 - 1985

» Responsibilities included preparing company and personal financial statements, corporate, partnership, and

individual tax returns, financial statement forecasts and projections, and conducting business audits. Provided

clients with turnkey services that enabled me to gain vital experience of the client’s entire cycle of needs.

» Developed processes and procedures for internal operations manual that greatly enhanced office efficiency

and consistency. Quickly learned and excelled in each facet of the Public Accounting business while providing

clients with personal care and meaningful assistance.

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